Limitation on Elective Deferrals. (a) For each Plan Year, the Average Deferral Percentage of the group of Highly Compensated Participants for the Plan Year may not exceed the greater of (i) 1.25 times the Average Deferral Percentage of the group of Non-Highly Compensated Participants for the same Plan Year; or (ii) the lesser of 2 times the Average Deferral Percentage of all such Non-Highly Compensated Participants, or such Average Deferral Percentage plus 2 percentage points.
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Sources: 401(k) Plan Adoption Agreement (United States Lime & Minerals Inc)
Limitation on Elective Deferrals. (a) For each Plan Year, the Average Deferral Percentage of the group of Participants who are Highly Compensated Participants Employees for the Plan Year may not exceed the greater of (i) 1.25 times the Average Deferral Percentage of the group of Participants who are Non-Highly Compensated Participants Employees for the same Plan Year; or (ii) the lesser of 2 times the Average Deferral Percentage of all such Non-Highly Compensated ParticipantsEmployees, or such Average Deferral Percentage plus 2 percentage points.
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